News Archives - Insurance Journal

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1 03, 2023

CNA Hardy Launches 1st in Series of Products for International Clients Called ‘Atlas’

By | March 1st, 2023|Uncategorized|Comments Off on CNA Hardy Launches 1st in Series of Products for International Clients Called ‘Atlas’

CNA Hardy, the specialist commercial insurer that operates within the company and Lloyd’s markets, announced the launch of a new portfolio of bespoke package products built specifically for multinational businesses, called “Atlas.” Building on CNA Hardy’s existing suite of combined …

1 03, 2023

Two Trains Collide in Greece, Killing at Least 36 People

By | March 1st, 2023|Uncategorized|Comments Off on Two Trains Collide in Greece, Killing at Least 36 People

At least 36 people were killed in a train crash in northeast Greece and 66 more were injured, the local fire department said. The crash, the country’s worst in decades, took place in the Tempe valley when a passenger train …

1 03, 2023

California’s Final State Emergencies Winding Down 3 Years Into Pandemic

By | March 1st, 2023|Uncategorized|Comments Off on California’s Final State Emergencies Winding Down 3 Years Into Pandemic

California’s coronavirus emergency officially ended Tuesday, nearly three years after Gov. Gavin Newsom issued the nation’s first statewide stay-at-home order and just days after the state reached the grim milestone of 100,000 deaths related to the virus. As California’s emergency …

1 03, 2023

Former Oregon State University Dean Wins $600K Whistleblower Lawsuit

By | March 1st, 2023|Uncategorized|Comments Off on Former Oregon State University Dean Wins $600K Whistleblower Lawsuit

A jury has awarded over $600,000 to a former Oregon State University dean who sued the school for whistleblower retaliation. University officials disagree with the verdict issued earlier this month and plan to appeal, Oregon Public Broadcasting reported. Grace Kuo, …

1 03, 2023

Apple Supplier Foxlink ‘Working Hard’ to Resume Production After India Fire

By | March 1st, 2023|Uncategorized|Comments Off on Apple Supplier Foxlink ‘Working Hard’ to Resume Production After India Fire

Taiwanese Apple Inc. supplier Foxlink said on Wednesday it is working hard to resume production following a fire at a plant in southern India that halted operations at the maker of iPhone charging cables, sending its stock price down. The …

1 03, 2023

Alabama Insurance Agent Charged with $600,000 in Fraud, Elder Exploitation

By | March 1st, 2023|Uncategorized|Comments Off on Alabama Insurance Agent Charged with $600,000 in Fraud, Elder Exploitation

Authorities have charged an Alabama insurance agent, who formerly worked for Alfa Insurance, with more than $600,000 in fraud, theft and exploitation of the elderly. Bret Chappell, 43, of Warrior, Alabama, was arrested Monday and booked into the Blount County …

1 03, 2023

Kentucky Man Dies in WV Coal Mine, First U.S. Mining Fatality This Year

By | March 1st, 2023|Uncategorized|Comments Off on Kentucky Man Dies in WV Coal Mine, First U.S. Mining Fatality This Year

A coal miner has died in an incident in a southern West Virginia mine, Gov. Jim Justice said. William Mapes, 73, of Freeburn, Kentucky, died Sunday, Justice said Sunday in a news release. Mapes had 53 years of mining experience …

1 03, 2023

Architects & Engineers Insurers Seek More Rate Increases: Ames & Gough

By | March 1st, 2023|Uncategorized|Comments Off on Architects & Engineers Insurers Seek More Rate Increases: Ames & Gough

According to a new survey from specialty broker Ames & Gough, insurers of professional liability for architects and engineers are planning additional rate increases to keep pace with rising claims costs, a backlog of litigation, worker shortages, and supply chain …

1 03, 2023

Exxon Broke Rules With Late Reporting of Methane Leak

By | March 1st, 2023|Uncategorized|Comments Off on Exxon Broke Rules With Late Reporting of Methane Leak

Exxon Mobil Corp. failed to initially report a release of the super-potent greenhouse gas methane in the Permian Basin that occurred in early February, violating state rules. The incident at the company’s facility in New Mexico was reported after it …

1 03, 2023

Ryan Specialty Posts 54% Jump in Q4 Net Income

By | March 1st, 2023|Uncategorized|Comments Off on Ryan Specialty Posts 54% Jump in Q4 Net Income

Ryan Specialty reported a 54.6% increase in fourth quarter net income to the same period the prior year, while revenue outpaced Q4 2021 by 14.9%. The Chicago, Illinois-based specialty insurance firm reached fourth quarter net income of $45.8 million, compared …